HUB Cyber Security (NASDAQ:HUBC) Shares Set to Reverse Split on Monday, March 31st

HUB Cyber Security Ltd. (NASDAQ:HUBC)’s stock is going to reverse split on the morning of Monday, March 31st. The 1-10 reverse split was announced on Thursday, March 27th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, March 28th.

HUB Cyber Security Stock Performance

NASDAQ HUBC traded down $0.09 during trading on Thursday, reaching $0.41. The company’s stock had a trading volume of 3,205,160 shares, compared to its average volume of 2,411,755. The firm has a 50 day moving average price of $0.71 and a 200 day moving average price of $0.60. HUB Cyber Security has a 12 month low of $0.37 and a 12 month high of $2.17.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC lifted its stake in shares of HUB Cyber Security by 42.1% in the 4th quarter. Geode Capital Management LLC now owns 37,399 shares of the company’s stock valued at $26,000 after acquiring an additional 11,080 shares during the last quarter. XTX Topco Ltd bought a new position in HUB Cyber Security in the third quarter valued at about $29,000. Private Advisor Group LLC bought a new position in HUB Cyber Security in the fourth quarter valued at about $37,000. Finally, Cantor Fitzgerald L. P. boosted its stake in shares of HUB Cyber Security by 111.2% during the fourth quarter. Cantor Fitzgerald L. P. now owns 1,405,007 shares of the company’s stock valued at $969,000 after purchasing an additional 739,864 shares in the last quarter. Institutional investors own 4.70% of the company’s stock.

HUB Cyber Security Company Profile

HUB Cyber Security Ltd. provides cyber security solutions in Israel and internationally. The company offers HUB Secure File Vault, a super charged managed file transfer backed by dedicated hardware driven security, which creates a secure enclave to protect the organization's data driven workflows; HUB Guard, a recurring security assessment, continuous network, and infrastructure monitoring and analysis, and planned incident response; D.Storm, a powerful SaaS DDoS simulation platform; RAM Commander, a software tool for reliability prediction and analysis, reliability block diagram, Markov chains analysis, maintainability prediction, spares optimization, FMEA/FMECA, testability, fault tree analysis, event tree analysis, and safety assessment; and Safety Commander designs to evaluate the safety of highly integrated systems in a model-based design environment.